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Market Update Analysis: 
25 Basis Points Hike
Author: Elena Todorova
123jump.com
Last Update: 2:26 PM EST November 01 2005


The worst performer of the session has proved to be the Utilities sector,currently down 2.1%, on disappointing Q3 earnings reports from Ameren, PPL Corp, and TXU Corp. Weakness in the Treasury market have also weighed on sentiment with bonds under pressure on the Oct ISM Index, up 84%, the highest since May 2004.

 

 

 

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